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July 6, 1978, Hutchison Whampoa Headquarters Building.

Today, Hutchison Whampoa is holding a press conference here.

Almost all major and minor media outlets in Hong Kong have arrived.

Starting two days ago, the media successively received invitations from Hutchison Whampoa, inviting them to attend a press conference.

The content of the press conference has not been announced yet, so they don't know what it is about.

Everyone is guessing what kind of event would prompt Hutchison Whampoa to personally invite all the major and minor media outlets in Hong Kong.

Even some internationally renowned media correspondents stationed in Hong Kong have been invited.

Around 9 a.m., media reporters arrived at the scene one after another, signing in, receiving entry passes, and the work arrangements were very orderly.

The reporters were all discussing privately, but they couldn't come to any conclusions.

Recently, the focus of Hong Kong media has mainly been on the battle between "Shipping King" Bao and Jardine Matheson for Wharf, a contest that can be said to be the most intense in Hong Kong's history.

On the other hand, Hutchison Whampoa's popularity only lasted for a few days, and then everyone didn't pay much attention to it, after all, the competition over at Wharf was more interesting and dramatic.

One side represents Chinese capital, and the other represents British capital. More importantly, HSBC, the most powerful British company in Hong Kong, is actually supporting the Chinese capital side, so there are more and more onlookers.

Few people in Hong Kong can gather so many reporters unless something major happens, or it's a top company like Hutchison Whampoa.

Since so many media outlets have been invited, it means that Hutchison Whampoa must have something very important to announce. As for what it is, we can only wait for the press conference to reveal the truth.

At this time, the originally spacious hall on the first floor of the Hutchison Whampoa Headquarters Building was crowded with hundreds of people.

The media reporters included well-known local Hong Kong media such as TVB, RTV, Commercial Television, Oriental Daily News, Sin Chew Daily, Ming Pao, etc., as well as the Hong Kong branches of major world media such as Associated Press, Agence France-Presse, The Wall Street Journal, and the BBC. At this moment, they were either holding cameras, carrying video cameras, or holding interview microphones, waiting for the start of the press conference.

It is worth noting that Commercial Television, a Hong Kong television station founded nearly three years ago, is now facing a crisis of bankruptcy. If nothing unexpected happens, Commercial Television will close down next month.

However, in reality, Su Cheng had already noticed this television station, but he didn't plan to intervene for the time being. He had to let the dust settle before it would be easier to take it down.

The significance of a television station is very important. It can not only control public opinion but also advertise its own products. Therefore, Su Cheng himself had plans to take over a television station.

Although TVB and RTV are better, they are not suitable for Su Cheng. Both television stations are developing very well now, and secondly, there are more shareholders, making it too troublesome and costly to take them down.

Commercial Television is different. This television station, which is about to close down, has become Su Cheng's best choice.

Due to the high cost of producing TV dramas, Commercial Television suffered serious losses. In addition, the Hong Kong government at that time paid more attention to education and required all television stations to use television for teaching purposes at a specified time every day. It's not that only Commercial Television had to broadcast educational programs at a specified time. At that time, Commercial Television only had one Chinese channel, while RTV and TVB had several Chinese channels. These teaching programs were not popular with the audience, and the ratings were dismal, so they could only introduce the Lim family.

And the most direct reason for Commercial Television's closure was the introduction of the Lim family. The Lim family had a Chinese capital background, which is why the Hong Kong Governor's Office forcibly closed Commercial Television. Otherwise, with the Lim family's massive capital injection in the later stage, Commercial Television would not have closed down at all.

In ATV's later "Television Storm," the reason for Commercial Television's closure was very intuitively attributed to the Hong Kong Governor's Office not allowing Chinese capital to invest in Hong Kong's electronic media.

But Su Cheng has no such worries at all. In this world, his identity is extremely clean. His grandfather's generation came to Hong Kong, and now he will not be caught in political struggles at all.

Moreover, with the variety shows, TV scripts, and other skills mastered by Xiao Ai, it is almost the same for Su Cheng to control any television station.

The camera returns to the scene on the first floor of the Hutchison Whampoa Building. The time comes to 9:55 a.m. One by one, the senior executives of Hutchison Whampoa sat down in order.

These people include Bill Wyllie, John Richardson, Simon Keswick, Peter Woo, etc.

At this time, the media discovered a focus that attracted their attention: Bill Wyllie did not sit in the middle main seat this time.

In the past, Hutchison Whampoa had also held press conferences, and even if HSBC sent someone to participate, Bill Wyllie would sit in the middle because he was the taipan of Hutchison Whampoa.

But today, Bill Wyllie miraculously sat on the left and right sides of the main seat with John Richardson, while the main seat was currently empty.

When the time came to 9:59 a.m., Su Cheng, who had arrived in a hurry, rushed from behind the media crowd to the front.

"There was a traffic jam on the road, but luckily I made it," Su Cheng said with a smile to the senior executives of Hutchison Whampoa as he walked towards the main seat.

"Boss, you're here! I thought you would be late!" Bill Wyllie said with a smile.

"Boss, please sit down," John Richardson stood up, making it easier for Su Cheng to walk to the main seat.

After two days, Bill Wyllie had already done the ideological work of his subordinates. Now, everyone has recognized Su Cheng as the boss. In fact, it's useless not to recognize it, because Su Cheng becoming the boss of Hutchison Whampoa is a done deal.

As Su Cheng sat in the main seat, media reporters frantically took pictures, and there was a burst of flashing lights at the scene, the light was very dazzling.

"Please stop taking pictures first. I will host this press conference. I hope that everyone can keep quiet when the speakers on the stage are speaking during the press conference, otherwise, I will ask the security to kick you out," Bill Wyllie said unceremoniously into the microphone.

Immediately, all the reporters stopped their actions. They knew Bill Wyllie's temper and knew that he meant what he said.

After the scene calmed down, Bill Wyllie continued: "I believe everyone is very curious about what major event is happening at Hutchison Whampoa this time that we invited you here. I won't beat around the bush.

Here, I would like to announce to the outside world a major change concerning Hutchison Whampoa: From today onwards, Mr. Su Cheng will serve as the Chairman of the Board of Directors of Hutchison Whampoa, and I will continue to work for Hutchison Whampoa as the Chief Executive Officer of Hutchison Whampoa.

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At the same time, Hutchison Whampoa will start the delisting process from today onwards, which means that Hutchison Whampoa will be privatized."

These news are definitely big news that will alarm the entire Hong Kong and attract everyone's attention.

Although Su Cheng becoming the taipan of Hutchison Whampoa is not a small news, what shocked everyone the most was not this matter.

After all, after the last transaction with HSBC, many people knew that the boss behind Tianyuan Company was actually a young man named Su Cheng.

He is already a major shareholder of Hutchison Whampoa, so it is normal for him to be the taipan of Hutchison Whampoa, it's just a matter of time.

What shocked everyone was that Hutchison Whampoa was actually going to withdraw from the stock market and was actually going to be privatized!

You must know that the first condition for privatization is to hold at least 75% of the shares before the privatization process can be initiated.

Now that Hutchison Whampoa is starting the privatization process, doesn't it mean that someone has already controlled 75% of the shares of Hutchison Whampoa?

And now that Su Cheng has become the taipan of Hutchison Whampoa, all of this points to him, the person behind it is Su Cheng.

This is definitely a historic moment, a moment that will change the landscape of British and Chinese capital companies!

Compared with this matter, suddenly, the struggle over at Wharf seems to be nothing.

Even if Shipping King Bao wins, he will only become the taipan of Wharf, can he privatize Wharf? Almost impossible.

However, this young Chinese man in front of him has done it, he is actually going to privatize Hutchison Whampoa Group, which is no less than Wharf Group!

All the reporters at this time directly ignored Bill Wyllie's previous warning and wanted to ask more questions in a hubbub.

For a time, the sound at the scene was like a vegetable market, extremely noisy.

Happy May Day to all readers!